Collection Agencies and Creditors

Cach LLC showing unprofessional attitude - How to handle it?

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Posted: Mon Jan 30, 2006 8:41 am Post subject: CACH, LLC

Hello, I recently received a letter from them as well. I have read the other responses and have a couple of questions......1. What is SOL (I live in MD) _________________ Register today to encash debtcc points.

mrhappy1171@yahoo.com
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Posted: Mon Jan 30, 2006 9:03 am Post subject:

SOL is the legal timeframe within which the creditors have the rights to take legal actions against the debtors if they default in their payments. Every state has its own statutes and more information on it can be obtained from the local AG's office in your state. Expiry of the SOL period does not restrict the creditors or the collection agencies from attempting collections, but you should be aware of your legal rights and protect yourself from any actions. The statute of limitations in MD is 3 years, calculated from the date of last activity in your account. If you debt is within this period, you should pay it off and avoid legal actions.

david
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david

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Posted: Tue Jan 31, 2006 12:29 pm Post subject: CACH, LLC

I've had correspondence from these people via Cambece Law Firm! Also just before Christmas, asking about a letter I never received - then I received the post-dated letter. Then phone calls - very abrasive to me and to my boss' wife! Almost gave me a heart attack (which helped get me in this financial mess to begin with)! This guy acted like he was ready to come and nail my knees to the floor! He stated the phone calls were being recorded - I wish I could have recorded from my end! Thanks for the great advice on this site!!! I have wracked my brain and worried and been absolutely terrified of what these people might do to me. I panicked so badly I was having chest pains! Consulted a bankruptcy attorney and a credit management company. Finally decided I intend to fight back one way or another - and I don't intend to let it kill me. Thanks again - any other advice is welcome. _________________ Register today to encash debtcc points.

walnut262@hotmail.com
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Posted: Tue Jan 31, 2006 1:07 pm Post subject:

walnut262, now that you are aware that you also have the rights to record the phone calls of debt collectors, check the statutes in your state and see if you require any verbal permission to be asked in the recording. If not, you can record the phone calls secretly and present it to your lawyer. Keep a record of the dates and time along with the name of the caller. These details will make your case stronger. Review the letter that the company has sent to you. Check the details and see if it accurately picturizes your debt details. If you find any item incorrect, place a dispute in writing with the company. They must verify the item with your creditors and send you the correct information. You can legally refuse to pay the debt till the account is correctly presented before you. There is 30 days timeframe after which the CA will assume that the details of the debt if not dispute is correct. Check the letter and see if it within the timeframe to place the dispute. You must act quickly before you lose the strong hold. Do not worry on the collection calls. They have a tendency to put people under deep stress. As long as you are aware of your legal rights and willing to pay the debt, nothing can go against you.

david
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david

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Posted: Wed Feb 01, 2006 7:53 am Post subject:

I have sent the debt validation letter, but don't think it's within the time frame (I didn't know - my fault - but I'm getting an education). I also sent a payment to the original creditor with a pay schedule to repay the debt. I'm also collecting all information I can on this company. If it goes to court, judges in rural MO, fortunately, are not very impressed with thugs of this caliber. Had a summons once years ago because I got behind. I couldn't afford an attorney. No one appeared on their side. Judge asked if I intended to skip out on debt. I said no. Asked what kind of payment I wanted to make. I told him. He said okay and if they gave me a problem about it to let him know. Same judge is still there. Time will tell, I guess. _________________ Register today to encash debtcc points.

walnut262
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Posted: Wed Feb 01, 2006 12:14 pm Post subject:

Quote:

I also sent a payment to the original creditor with a pay schedule to repay the debt

This payment made towards the account has actually restarted your SOL period. Now, you will have to continue with it and stop the creditors from taking any actions against you.

You should have actually made the payment only after reviewing the account in the debt validation process. Talk to your lenders about your account and see if they are willing to settle it for less.

david
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david

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Posted: Fri Feb 03, 2006 9:02 am Post subject: cambece

Just got another call from this guy - said he wanted the money - told him I couldn't talk to him right now because I was in a public area - he said I WOULD talk to him right now - told him I am trying to resolve this matter and he should have received correspondence from me or contact from Chase Bank to whome I had made a payment - said he owned the account and wanted to kow how much I had paid Chase Bank - told him Chase Bank should be advising him of that - He wanted to talk to someone in charge so he could verify employment and get some more information about me - I told him I would be glad to transfer him - put him on hold to transfer him to my boss (the Fire Chief). He hung up. He did that another time when the Chief's wife was in here and was transferring him to voice mail. He is such a thug. Terrifies me. _________________ Register today to encash debtcc points.

walnut262
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Posted: Tue Feb 07, 2006 7:57 am Post subject: Debt Consolidation letter

I need some more help guys. Received another letter from another law office about the same account. That makes two now from two differnet places. Okay. I contacted the credit card company this morning and they told me that they sold the account to Collect America (CACH,LLC). So does that mean i dont owe the credit card anymore? What do I do now? And about the credit validation letter, who do I get that from? I have a copy fo the stop communications with me letter and will be sending that out as soon as someone advises me further on what I need to do. email address removed as per forum rules - Denny _________________ Register today to encash debtcc points.

mrhappy1171
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Posted: Tue Feb 07, 2006 12:12 pm Post subject:

mrhappy1171, your credit card company has sold the debt perhaps to Collect America. This means that they don't have your account information and you won't have to make any payments to them. Now, you will have to pay to that collection agency who owns your debt legally. You can consider that Collect America is holder of your account but you should be sure about it. debt validation1 will serve the purpose and make you aware of the legal holder of your account. You can also send your debt validation letter to the other law office and get sure if they are placing the genuine contact. Any company that can give you the complete details of your account in the proper manner is entitled to receive payments from you. At this time, your credit report will be showing this account as sold with zero balance from your credit card company. Once you have paid the debt to the CA, they will report the same account to your bureaus as 'paid collection.' You should definitely get your debt validated first before making any payment agreement with the company. The collection agencies usually transfer accounts to other agencies when they are not able to collect the money even after the debt gets sold by the original creditor. Debt validation is the most powerful tool that ascertains the company that is entitled to receive money from you.

david
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david

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Posted: Thu Mar 23, 2006 3:27 pm Post subject: CACH LLC

I received a letter from an attorney in fl saying I owed over $9000 to your company. I have no idea were this bill came from. I need information regarding when it was done. I recently have gone through a divorce and I think my ex wife has been using my name to consolidate her bills. Thank you. _________________ Register today to encash debtcc points.

PATRICK MEROSOLA
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Posted: Thu Mar 23, 2006 4:13 pm Post subject:

Hi Patrick, You have no contact the company that is calling you. This site has no connection with CACH LLC. However, if your ex wife is using your name without your permission, it is an offense. So you can ask for legal help as well before it ruins your credit. _________________ Read my thoughts about Debt and Credit.

stanley
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stanley

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Posted: Tue Mar 28, 2006 3:03 am Post subject: CACH LLC

Just got a letter today from CACH LLC and looks like they want to collect some money from me. Couple of questions #1-Is this a valid company that I will be paying? #2-It says that the original creditor was Maryland National Bank. I live in Hawaii and have never held a Credit Card or anything that might be tied to a Maryland Bank Account. #3- What should I do as far as resolving this with them? I have never had this type of letter sent to me but I am in debt and might've over seen this account. Any info would be appreciated. _________________ Register today to encash debtcc points.

jon96734
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Posted: Tue Mar 28, 2006 1:56 pm Post subject:

Request for debt validation. This is the only way to confirm if you owe this debt or not. Since you are not sure about this debt, you should confirm if they have sent the letter by mistake or not. Send your letter through certified mail. Does the letter they have sent state anything about debt amount, transactions on the account and similar stuffs?

curlycarl
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Posted: Tue May 02, 2006 11:35 am Post subject: CACH, LLC

I live in Texas and I have received a letter from an attorney saying they are collecting one of my credit card debts that was purchased by CACH,LLC. I have been paying on this account faithfully for several months now (originally got behind when I got divorced). I do not dispute the fact that I owe the bill, but they are telling me that I have to pay the debt in full and cannot make monthly payments. I do not have the money to pay the full amount at once. Can they make me pay in full? What will happen if I can't?

Cindy2623
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Posted: Wed May 03, 2006 1:55 pm Post subject:

Cindy You should get the details of the debt in writing from the collection agency before making a payment. This will include the total amount of your debt along with the calculation of interest charges and other related fees. Send your letter in writing through certified mail and offer them a payment plan. They can't force you to pay the whole amount at once but if you can offer them a repayment method, they should have no reasons to reject it. Do all your correspondences in writing so that you have proof of your part of the actions.

john
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john

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Posted: Fri May 05, 2006 11:07 am Post subject: CACH

Just another victim of CACH. History: I had an account with Chase Manhattan bank that was about to be charged off in Oct of 2005. I'm enrolled in a debt management program with ByDesign financial Solutions, formerly Consumer credit counseling Service. I stated making payments to all my account through ByDesign in Aug 05. In Oct of 2005 ByDesign got an approved repayment plan from Chase bank. Shortly after I stated receiving calls from CACH stating that the account had been turned over to them. ByDesign and myself both called Chase Bank who told us that the account was being consider for sale, but had NOT been sold, and that it had been called back and was being handled in house by the fulfill department at Chase, and that I should continue to make payments to Chase. Calls to Chase were placed in Nov 05, Feb 06, and March 06. Each time I was told the that account was NOT sold (all this is document) CACH called in April demanding payment in full. I told Ms. Warren (CACH) that as far as I knew, and that I was told by Chase representatives that the account was in house. To make a long story short, we did a conference call with CACH, Chase, ByDesign, and I. We talked with a Chase supervisor who finally stated that the account has been sold in OCT 05. Chase acknowledges that all payments made to Chase were forwarded to CACH about 20 to 30 day after receiving them from ByDesign. I have sent a validation letter to CACH. My question is should I continue to make payments through Chase? Or should I wait until I receive a response from CACH?